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A division is called product-envy-free if, for each group, the product of agents' values of the group share is at least the product of their values of the share of any other group. Democratic fairness requires that, in each group, a certain fraction of the agents agree that the division is fair; preferredly this fraction should be at least 1/2.
In business ethics, Ethical decision-making is the study of the process of making decisions that engender trust, and thus indicate responsibility, fairness and caring to an individual. To be ethical, one has to demonstrate respect, and responsibility. [1]
Coherence, [1] also called uniformity [2]: Thm.8.3 or consistency, is a criterion for evaluating rules for fair division. Coherence requires that the outcome of a fairness rule is fair not only for the overall problem, but also for each sub-problem. Every part of a fair division should be fair. [2]
Proportionality (PR) and envy-freeness (EF) are two independent properties, but in some cases one of them may imply the other. When all valuations are additive set functions and the entire cake is divided, the following implications hold: With two partners, PR and EF are equivalent; With three or more partners, EF implies PR but not vice versa.
Ethical leadership is leadership that is directed by respect for ethical beliefs and values and for the dignity and rights of others. It is thus related to concepts such as trust, honesty, consideration, charisma, and fairness. [1] [2] Ethics is concerned with the kinds of values and morals an individual or a society finds desirable or appropriate.
At the 2023 Fortune Best Small and Medium Workplaces, 86% of employees believe they get a fair share of profits. Fairness leads to higher levels of well-being and productivity at the Best Small ...
“The purpose of the rule is to avoid exactly this type of biased and partisan conduct - a licensed broadcaster using the public airwaves to exert its influence for one candidate on the eve of an ...
But one argument that didn't work was if a person couldn't own a gun because of a conviction. “The biggest category is 'I turned my life around,'” Eggleston said.